Jefferson Street Baptist Center Inc

Analysis

Jefferson Street Baptist Center Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Jefferson Street Baptist Center Inc reported income of $4.6m and spending of $1.1m, leaving 77% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $876k to $4.6m (+431%), an average of +52% a year. The sharpest change came in the year to September 2023, when income rose by 259%. Over the whole period it spent 61% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jefferson Street Baptist Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KY. Charities of a similar size with the same main cause include United Religions ($4.6m), Found House-Interfaith Housing Network ($4.7m) and Jesus for Asia Inc ($4.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 48% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $87k (8.1% of expenses). Other salaries and wages came to $398k. At year end it held assets of $5.3m against liabilities of $50k, net assets of $5.2m. It reported 35 employees.